After recording sharp declines, particularly at Worlford, Lanvin and Sergio Rossi in China and the EMEA zone, Lanvin Group is starting 2025 with optimism. It is true that it has overhauled its management and creative departments.
As expected, the Lanvin Group has not yet turned things around in the second half of 2024.
But thanks to its many initiatives, including recruitment in its management and artistic departments of Lanvin and Sergio Rossi, the Chinese group, which also owns Wolford, St. John and Caruso, is of course counting on an improvement in its performance in 2025.
A 23% decline
In the meantime, on February 28, the Lanvin Group revealed a decline of 23%, to 328 million euros, in its preliminary and unaudited turnover for 2024. During the first six months of the year, its turnover had already fallen by 20% to 171 million euros.
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Read also > Lanvin Group: a difficult first half of 2024
Featured photo: © Lanvin
